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Old 18th Sep 2017, 19:48
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Originally Posted by rotor-rooter
Too early to make any real understanding on this story.

https://www.theguardian.com/business...uardian-expose
Quick internet search gave following:
In Autumn 2016 Eolia called Avinco holding to court because of strange shareholder transactions, resulting in doubts who was actually managing the 74% Avinco ownership. At same time it was contemplated to liquidate Avinco. Eolia wanted to protect their 26% ownership.
Court put a interim manager in place.
(To be continued)

Avinco is also the company who is to remarket the 21 ex-CHC H225.
https://www.rotor.org/Publications/R...per-Pumas.aspx

For me it is yet unclear on behalf of who Avinco is re-marketing as I do not believe It is 1 leasing company owning all 21.

Cheer SLB
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